The Ninth Circuit Holds that Bankruptcy Courts Have Authority to Recharacterize Debt as Equityhttp://www.lexisnexis.com/legalnewsroom/bankruptcy/b/bankruptcy-law-blog/archive/2013/06/28/the-ninth-circuit-holds-that-bankruptcy-courts-have-authority-to-recharacterize-debt-as-equity.aspxOn April 30, 2013, the United States Court of Appeals for
the Ninth Circuit held that the bankruptcy court has authority to
recharacterize as equity, rather than debt, advances of funds made purportedly
as a loan to the recipient prior to its bankruptcyen-US6.x Production